More IBI Market News – Page 21
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NewsUS powerboat sales up in 2018
America’s NMMA continues the release of its 2018 US Recreational Boating Statistical Abstract which shows, among other positives, an 11-year high of outboard-powered new boat sales at 177,600 units.
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NewsVietnam and China: same yacht potential, different yacht approach
In many ways, Vietnam and China mirror each other in stunning and rapid wealth creation, making both prime markets for high-end yacht sales, but the way each country’s government embraces big boats is having opposite effects.
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2018 US boat sales highest in a decade
As the unofficial start of the US boating season gets underway this holiday weekend, the National Marine Manufacturers Association (NMMA) reports that new powerboat sales for 2018 increased 4% over the previous year to 276,000 units, the highest level in 11 years.
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Deloitte Boating Market Monitor highlights continued growth in global boating market
The annual Boating Market Monitor, prepared annually by Deloitte for Nautica Italiana, shows that the global market continued to rise in 2018 and reached a value of €22bn, with the Italian industry accounting for 2%. The findings were presented last week at the Versilia Rendez-Vous in Viareggio, Italy.
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NewsRussia looks to generate $1bn revenues from yachting in the next few years
It might seem ambitious, but a mix of government incentives, restrictions on overseas vacations and an emerging middle class are fuelling potential
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NewsStrong 2018 for Dutch SY sector
Dutch superyacht yards delivered over €1.5bn worth of 30m-plus yachts to owners last year, with a further 60 superyachts in various stages of construction.
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Marginal gains for Russian marine market, but appetite for sail growing
Local yacht dealers and industry analysts are expecting modest growth at best for the Russian leisure marine sector in 2019, most likely achieving no more than 1% in value terms compared to 2018.
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NewsUS study reveals economic impact of water-based tourism could be greater than first thought
New data from the Michigan Port Collaborative estimate boating to represent US$15.4bn in direct consumer spending
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NewsNMMA Canada to release initial 2018 Statistical Abstract sections on May 10
New data expected to clarify impacts of retaliatory tariffs on boat imports, sales
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US powerboat registrations up through February
Tow boats and PWC registrations lead the pack while larger boats make solid gains
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NewsFinnish industry forecasting buoyant summer
Early onset of spring and last year’s warm boating season two underlying factors behind surge in market
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NewsCroatia risks shift in yacht tourism to Greece and Turkey as fees rise
Country watching to see if higher prices and fees are sending yachters to new locations
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NewsWestern Australia and Northern Territories vie for superyacht work
The success of superyachts cruising to the Kimberley area of northwest Australia is seeing an inter-state challenge develop between Western Australia (WA) and the Northern Territories (NT) to win the support and related opportunities of these visiting yachts.
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NewsSpanish recreational craft market posts best Q1 results in three years
Boat registrations up to 52ft make significant gains
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NewsBrexit brings growth to UK boating tourism
A new study reveals that boating tourism contributed over £6 billion to the UK economy in 2018
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NewsMonaco strengthens Asia-Pacific marine links
Two new partnerships have recently been agreed which strengthen the leisure marine sector links between Monaco and the Asia-Pacific region.
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US wholesale shipments remain strong, small outboards falter
PWCs and larger outboards the big winners
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NewsUS outboard engine sales reached a 12-year high in 2018
NMMA has released the first section of its annual statistical abstract detailing trends in the dynamic outboard segment
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NewsNorwegian boat imports continue to grow
The Norwegian market for pleasure boats is back with strong figures, according to trade organisation Norboat.
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